John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Get Rating) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $76.64 and traded as low as $75.02. John B. Sanfilippo & Son shares last traded at $75.72, with a volume of 59,900 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com lowered shares of John B. Sanfilippo & Son from a "strong-buy" rating to a "buy" rating in a report on Wednesday, September 7th.
Get John B. Sanfilippo & Son alerts:John B. Sanfilippo & Son Trading Down 1.1 %
The business's fifty day simple moving average is $75.94 and its 200 day simple moving average is $76.64. The company has a current ratio of 2.31, a quick ratio of 0.64 and a debt-to-equity ratio of 0.03. The stock has a market cap of $872.82 million, a P/E ratio of 14.23 and a beta of 0.26.
John B. Sanfilippo & Son Cuts Dividend
The firm also recently announced an annual dividend, which was paid on Wednesday, August 31st. Shareholders of record on Friday, August 12th were given a dividend of $2.25 per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a yield of 3%. John B. Sanfilippo & Son's payout ratio is presently 14.10%.Institutional Trading of John B. Sanfilippo & Son
A number of hedge funds have recently modified their holdings of the company. Charter Oak Capital Management LLC acquired a new stake in John B. Sanfilippo & Son during the 2nd quarter worth approximately $33,000. Captrust Financial Advisors grew its stake in shares of John B. Sanfilippo & Son by 301.9% during the 1st quarter. Captrust Financial Advisors now owns 426 shares of the company's stock worth $36,000 after acquiring an additional 320 shares in the last quarter. Signaturefd LLC grew its stake in shares of John B. Sanfilippo & Son by 190.1% during the 1st quarter. Signaturefd LLC now owns 673 shares of the company's stock worth $56,000 after acquiring an additional 441 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of John B. Sanfilippo & Son by 244.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,307 shares of the company's stock worth $108,000 after acquiring an additional 928 shares in the last quarter. Finally, Mutual of America Capital Management LLC grew its stake in shares of John B. Sanfilippo & Son by 16.6% during the 2nd quarter. Mutual of America Capital Management LLC now owns 1,499 shares of the company's stock worth $109,000 after acquiring an additional 213 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.
John B. Sanfilippo & Son Company Profile
(Get Rating)
John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.
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